Oracle Corporation $ORCL Shares Sold by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC decreased its stake in Oracle Corporation (NYSE:ORCL) by 1.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,946 shares of the enterprise software provider’s stock after selling 444 shares during the period. Checchi Capital Advisers LLC’s holdings in Oracle were worth $6,766,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after acquiring an additional 404 shares during the period. Vest Financial LLC boosted its holdings in shares of Oracle by 65.5% in the first quarter. Vest Financial LLC now owns 47,567 shares of the enterprise software provider’s stock valued at $6,650,000 after acquiring an additional 18,824 shares during the period. Horizon Wealth Management LLC boosted its holdings in shares of Oracle by 8.1% in the first quarter. Horizon Wealth Management LLC now owns 2,595 shares of the enterprise software provider’s stock valued at $363,000 after acquiring an additional 194 shares during the period. Finally, Impact Capital Partners LLC boosted its stake in Oracle by 5.2% during the 1st quarter. Impact Capital Partners LLC now owns 25,652 shares of the enterprise software provider’s stock worth $3,586,000 after purchasing an additional 1,273 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity

In other Oracle news, Director Rona Alison Fairhead bought 480 shares of the business’s stock in a transaction on Monday, July 7th. The stock was bought at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the transaction, the director owned 22,110 shares in the company, valued at approximately $5,170,865.70. The trade was a 2.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last 90 days. Insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ORCL shares. Mizuho increased their target price on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Loop Capital set a $135.00 price objective on Oracle in a research report on Tuesday, June 10th. BNP Paribas set a $377.00 price objective on Oracle in a research report on Wednesday, September 10th. Guggenheim increased their price target on Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, DA Davidson lifted their price objective on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $304.71.

Oracle Price Performance

Oracle stock opened at $286.23 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The business has a fifty day moving average of $262.53 and a two-hundred day moving average of $205.48. The company has a market cap of $815.99 billion, a P/E ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the business earned $1.39 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is currently 46.30%.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.